JUNIORMETRICS

Mirasol Resources Ltd.

MRZLF·MRZ·US$0.21 (CAD 0.30)·US$18.6M cap
Copperalso:Sobek Copper-Gold Project (Vicuna District, northern Chile) Map

Mirasol Resources Ltd. is a project-generator exploring for high-grade gold, silver and copper deposits in Chile and Argentina. Following a November 2025 definitive agreement to sell its former flagship Virginia Silver Project and Argentine landholdings (Santa Cruz Province) for US$8M plus a 2% NSR royalty, the company's current flagship is the 100%-owned, self-funded Sobek Copper-Gold Project (~11,120 hectares) in Chile's Vicuna District -- a porphyry Cu / high-sulfidation-epithermal Au target with active drilling at the VN Zone and El Potro Prospect. The company also holds the Inca gold project in Chile. No NI 43-101 resource estimate has been published for Sobek.

Notable vs. Peers

  • Financials score of 1.3/10 is weaker than the peer average of 5.6/10.
  • Trading within 0% of its 52-week low — weak recent price momentum.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Not yet researched
Weak track recordStrong track record
1.3/10
Thin runwayWell-capitalized
1.3/10 vs.
How this is calculated
Not yet researched
Weaker depositStronger deposit
How this is calculated
5.8/10
Harder place to buildEasier place to build
5.8/10 vs.
What goes into it
  • Jurisdiction (40%)7/10

    Northern Chile (Vicuna District) -- an established, relatively low-risk Latin American mining jurisdiction, though not Tier-1 on par with Canada/Australia/US.

  • Infrastructure (40%)No verified figure

    Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Sobek Copper-Gold Project, Vicuna District, Chile (checked Sep 26, 2026; recheck due Mar 25, 2027). Counts at a neutral 5/10 until one does.

  • Nearby producing mine (20%)Not yet researched

    No project coordinates on file yet, so distance to a producing mine can't be measured.

4.3/10
Weaker profileStronger profile
4.3/10 vs.
Price Chart
$0.266$0.301$0.323$0.23$0.235AugDecMarJulOct
Aug 12, 2025 – Oct 20, 2026
News
$0.21
+0%from low-66%from high
$0.21$0.62
See who ↓
27.9%
Low alignmentHigh alignment
27.9% vs.
See who ↓
12.5%
Low alignmentHigh alignment
12.5% vs.
$18.6M
Far belowFar above
$18.6M vs. $30.2M peer median
Price (USD - Local)
US$0.21 (CAD 0.30)
Cash Position (USD)
$642K
Far belowFar above
$642K vs. $4.3M peer median
Debt (USD)
$1.2M
Far aboveFar below
$1.2M vs. $0 peer median
$19.2M
Far belowFar above
$19.2M vs. $27.7M peer median
88.6M
Far aboveFar below
88.6M vs. 172.1M peer median
Jurisdiction
Chile
Grassroots exploration, no active mine
27.9%
0%100%
27.9% vs. 9.9% peer median
12.5%
0%100%
12.5% vs. 2.7% peer median
-$4.7M
Far belowFar above
-$4.7M vs. -$3.8M peer median
-$0.053
Far belowFar above
-$0.053 vs. -$0.018 peer median

Acquisition Susceptibility

How this is calculated
3.7/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.

How this score is built

  • Disclosed pending deal
    Sub-score: Not scored

    No pending acquisition or merger disclosed (checked)

    Not scored: having no deal in flight isn't held against a company.

    Weight 26.25%
  • Producer's strategic stake
    Sub-score: Not scored

    No producer holds a disclosed stake on file (holder register researched) See holders

    Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.

    Weight 25%
  • Distance to a producing mine
    Sub-score: Not yet researched

    Distance not yet researched: no project coordinates on file

    Distance can't be measured without coordinates, so excluded rather than counted as far.

    Weight 22.5%
  • Lifecycle stage
    Sub-score:
    1/10

    Stage: Grassroots Exploration

    Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.

    Weight 15% · 57% here
  • Jurisdiction
    Sub-score:
    7/10

    Chile: jurisdiction score 7/10

    Our jurisdiction score, used as is: higher means lower political and permitting risk.

    Weight 6.75% · 26% here
  • Commodity
    Sub-score:
    8/10

    Primary commodity: Copper

    Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.

    Weight 4.5% · 17% here

Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.

Overall Score Trend
+0% since 2026-10-07

Your Rankings

Community Sentiment
—SELLINGBUYING
CategoryCommunityYour Ranking
Overall— (0) 
Management— (0) 
Financials— (0) 
Jurisdiction— (0) 
Project Quality— (0) 
Prospect Generation & Joint Ventures

Mirasol Resources Ltd. generates and stakes exploration projects, then brings in joint-venture partners to fund the drilling in exchange for Mirasol retaining a carried interest, royalty, or reduced equity stake — spreading exposure across multiple projects while avoiding the shareholder dilution a self-funded drill program requires. The projects below are the company's own designated material/flagship JVs; only figures the company has actually disclosed are shown, nothing here is estimated.

Tracked projects (5)
Material/flagship JVs, not the full staked portfolio — expect this to be smaller than the portfolio counts above
ProjectCommodityJV PartnerRetainedCommitted SpendSpend ActiveStage
Sobek Copper-Gold-Silver Project (incl. Rosita)
Chile
Mirasol's 100%-owned, self-funded and self-operated flagship: a porphyry copper / high-sulfidation-epithermal gold-silver target (~11,120ha) in the Vicuna District, northern Chile, doubled in size via a Feb 2024 option agreement under which Mirasol itself (not a partner) is earning an 80% interest in SQM's adjacent Rosita property by spending US$4M on exploration plus US$3M in option-fee payments over 6 years, subject to a 2% NSR back to SQM. Active drilling continued through 2026 (46 South target, VN Zone, El Potro Prospect); a Jun 22, 2026 update described a modest structurally-controlled hydrothermal system at 46 South and a company pivot toward higher-confidence targets. This self-funded advancement is the defining trait making Mirasol a hybrid rather than a pure prospect generator.
CopperNo JV yet100% project interest—Grassroots Exploration
Virginia Silver Project
Argentina
Mirasol signed a definitive agreement (Nov 24, 2025) for the sale of 100% of its Virginia Silver Project and Argentine landholdings (Santa Cruz Province) to Ampere Metals Pty. Ltd. (a private Australian silver-gold company) for total consideration of US$8.0 million in staged cash payments over 7 years (an initial 51% for US$4M over 3.5 years, a further 49% for a further US$4M over the following 3.5 years), with Mirasol retaining a 2% net smelter return royalty carrying its own unilateral right to sell that royalty back to Ampere for a minimum US$2.0 million.
Silver
Ampere Metals Pty. Ltd.
Private
2% royalty$8MUS$8.0M total cash consideration in staged payments over 7 years (definitive agreement signed Nov 24, 2025).Not yet researchedResource Definition
Sascha-Marcelina Projects
Argentina
Mirasol granted Andara Mining Pty Ltd (an Australian private company, since fully acquired by Pursuit Minerals Ltd, ASX:PUR, closed Dec 9, 2025) the exclusive right to acquire the mineral rights within its 100%-owned Sascha low-sulfidation epithermal gold-silver project and assigned its own Option to Purchase Agreement on the adjacent Marcelina project (Santa Cruz Province, Argentina; combined ~30,600ha), for total consideration of US$1.5M in staged cash payments (US$106,250 and US$156,250 due Dec 2025/2026, US$3.45M... [total consideration capped at US$1.5M per the closing release]) plus a retained 1.5% NSR royalty, subject to Pursuit's buyback rights (first 0.75% for US$1.5M within 2 years of commercial production, remaining 0.75% for US$4M within 3 years).
Gold
Andara Mining Pty Ltd (Pursuit Minerals Ltd, ASX:PUR)
Junior
1.5% royalty$1.5MUS$1.5M upfront cash consideration; sale closed Dec 9, 2025.Not yet researchedGrassroots Exploration
Nord Projects (East & West)
Chile
Mirasol signed an agreement (Jul 15, 2025) for the sale of its Nord Projects (Chile) to Eco Earth Elements SpA (an affiliate of Pampa Camarones SpA, a private Chilean company) for total consideration of US$2.5M in staged cash payments over 4 years, retaining a 2% NSR royalty on Nord East and a 1% NSR royalty on Nord West, both subject to Eco Earth buyback rights.
Copper
Eco Earth Elements SpA (Pampa Camarones SpA)
Private
2% royalty$2.5MNot yet researchedGrassroots Exploration
Mendoza Copper Portfolio (14 projects)
Argentina
Mirasol signed an Asset Purchase Agreement (Jan 26, 2026) granting Mises Metals S.A.S. (a wholly-owned subsidiary of Argentina Metals Corp., TSXV:VLLC) a 100% interest in a portfolio of 14 grassroots copper-porphyry exploration projects (89,070ha, Mendoza Province, Argentina), for total consideration of a US$50,000 cash payment plus 1,300,000 Argentina Metals common shares issued in three tranches (433,333 on closing, 433,333 on transfer registration, 433,334 at the earlier of 1 year or an Argentina Metals Canadian exchange listing). No royalty retained on this deal.
Copper
Mises Metals S.A.S. (Argentina Metals Corp., TSXV:VLLC)
Junior
—Not yet researchedGrassroots Exploration

Management Team

President, Chief Executive Officer and Director of Mirasol Resources Ltd.; a founder of the company. Over 30 years of exploration experience, mostly within Central and South America, with a focus in Chile and Argentina.

Chief Financial Officer of Mirasol Resources Ltd., effective December 1, 2025. Chartered Professional Accountant with over 20 years of experience in public practice, corporate financial management, public company reporting and multinational financial operations across Canada, Mexico and Latin America. Holds Canadian and Mexican CA designations and an MBA. Previously Fractional CFO and Corporate Controller for public mining companies.

Vice President, Investor Relations of Mirasol Resources Ltd.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
3/10

Sprott Asset Management LP, the well-known resource-sector specialist manager, holds a discretionary 9.7% stake -- a materially more significant signal than the small rules-based silver-sector ETF position also on the register (itself index-inclusion mechanics, not a manager's decision). A 10%-holder has been buying steadily and repeatedly on the open market through August 2026.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.

No reports or presentations linked yet.